Buying WiseTech Global shares? Here's the dividend yield you'll get today

WiseTech shares have had a very interesting month…

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

WiseTech Global Ltd (ASX: WTC) shares have been in the spotlight over the past few weeks. Never far from fresh controversy, it seems, Wisetech was smashed earlier this month when allegations came to light that its co-founder and current executive chairman, Richard White, was being investigated by the Australian Federal Police's human trafficking division.

In response, Wisetech shares fell a horrid 18.44% in one session. Despite robust denials from White and some share price recovery since, the company remains down by more than 10% from where it was prior to that share price crash.

Wisetech has always been a volatile stock. It has delighted investors with the success of its logistics software suite, which includes the flagship and popular CargoWise platform. However, it has also courted pushback, particularly from the actions of White, who has faced several scandals through the years.

At today's pricing, Wisetech shares remain down a whopping 52% year to date in 2026, down an even more shocking 70% over the past 12 months, and more than 75% from the all-time highs of around $140 a share we saw in late 2024.

Wisetech is primarily known as one of the ASX's most prominent growth stocks. However, as we've documented before, it is also a bit of a dividend income sleeper.

Despite its enthusiastic dividend growth over many years, the dividend yield on Wisetech shares has arguably never stood out, given it hasn't risen above 1% in a very long time (if ever).

Saying that, could things be different after the share price carnage of this month? After all, dividend yields rise when a company's share price falls, all else being equal. Let's check it out.

Excited woman holding out $100 notes, symbolising dividends.

Image source: Getty Images

WiseTech shares: How big is your yield?

At the time of writing, Wisetech shares are trading at $33.17 each, up a healthy 2% for the day thus far. At this price, Wisetech shares are trading on a trailing dividend yield of 0.64%.

That comes from Wisetech's last two dividend payments. The first of those was the October final dividend, worth 7.7 US cents (11.56 cents) per share. The second was the April interim dividend, which came in at 6.8 US cents (9.7 cents). Together, this total of 14.5 US cents (21.26 cents) per share gives us that 0.64% yield at the current stock price.

Of course, this doesn't tell us that Wisetech shares will continue to yield 0.64% going forward. The company would have to, at the minimum, keeps its 2026 and 2027 dividends steady with what it has paid out over the past 12 months, for that to occur. And there's no way of determining what a company's future dividends will be until that company tells us.

However, Wisetech does have a strong track record of delivering dividend hikes. Since mid-2017, every interim and final dividend the company has declared has been a year-on-year increase over the payment that preceded it.

No doubt shareholders will be hoping that Wiestech hits its ten-year streak in 2027. But we shall have to wait and see.

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Technology Shares

Middle age caucasian man smiling confident drinking coffee at home.
Technology Shares

Are Netwealth shares a top buy after its update?

Bell Potter has given its verdict on this popular stock.

Read more »

Hand with AI in capital letters and AI-related digital icons.
Technology Shares

Which ASX tech companies does Macquarie like in the surging cloud computing sector?

Investor interest in technology is high, but which Aussie stocks to buy?

Read more »

A woman shrugs and pulls awkward expression with her face.
Technology Shares

Here's what brokers tip for Xero shares over the next 12 months

Can Xero turn its share price around this year?

Read more »

A technical manufacturer checks his work in a high-tech lab with precision equipment in the background.
Technology Shares

SK Hynix IPOs in the US. Here's what that means for ASX investors

SK Hynix just pulled off the largest US listing ever by a foreign company.

Read more »

A young man clasps his hand to his head with a pained expression on his face and a laptop in front of him.
Technology Shares

Here's what $10,000 invested in ASX tech shares 5 years ago would be worth now

$10,000 invested in ASX tech shares five years ago. The answer is genuinely sobering.

Read more »

A male investor wearing a white shirt and blue suit jacket sits at his desk looking at his laptop with his hands to his chin, waiting in anticipation.
Technology Shares

Another CEO share sale has this ASX 100 tech stock sinking today

Another insider sale adds to a difficult year for shareholders.

Read more »

A man looking at his laptop and thinking.
Technology Shares

Should I invest $2,500 into WiseTech shares?

There are clear risks here, but I think patient investors may still find a compelling long-term opportunity.

Read more »

A man in a business suit rides a graphic image of an arrow that is rebounding on a graph.
Technology Shares

Has the WiseTech share price finally hit the bottom after crashing 50%?

Has this beaten-down ASX tech stock finally found its floor?

Read more »